NiSource (NiSource) Net Margin %

: 16.69% (As of Dec. 2023)

View and export this data going back to 1988. Start your Free Trial

Net margin is calculated as Net Income divided by its Revenue. NiSource's Net Income for the three months ended in Dec. 2023 was $237 Mil. NiSource's Revenue for the three months ended in Dec. 2023 was $1,422 Mil. Therefore, NiSource's net margin for the quarter that ended in Dec. 2023 was 16.69%.

The historical rank and industry rank for NiSource's Net Margin % or its related term are showing as below:

NI' s Net Margin % Range Over the Past 10 Years
Min: -0.99 Med: 7.37 Max: 13.74
Current: 12.98

NI's Net Margin % is ranked better than
70.43% of 514 companies
in the Utilities - Regulated industry
Industry Median: 7.955 vs NI: 12.98

NiSource Net Margin % Historical Data

The historical data trend for NiSource's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

NiSource Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

7.35

-0.38

11.94

13.74

12.97

NiSource Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %																14.34	16.94	5.39	8.28	16.69

Competitive Comparison

For the Utilities - Regulated Gas subindustry, NiSource's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

NiSource Net Margin % Distribution

For the Utilities - Regulated industry and Utilities sector, NiSource's Net Margin % distribution charts can be found below:

* The bar in red indicates where NiSource's Net Margin % falls into.

NiSource Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

NiSource's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	714.3	/	5505.4
	=	12.97 %

NiSource's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	237.4	/	1422
	=	16.69 %

NiSource (NYSE:NI) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

NiSource Net Margin % Related Terms

Thank you for viewing the detailed overview of NiSource's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

NiSource (NiSource) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » NiSource Inc (NYSE:NI) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

NIpB.PFD:USA NOU:Germany

Address

801 East 86th Avenue, Merrillville, IN, USA, 46410

Website

https://www.nisource.com

NiSource is one of the nation's largest natural gas distribution companies with approximately 3.2 million customers in Indiana, Kentucky, Maryland, Ohio, Pennsylvania, and Virginia. NiSource's electric utility transmits and distributes electricity in northern Indiana to about 500,000 customers. The regulated electric utility also owns more than 3,000 megawatts of generation capacity, including coal, natural gas, and renewable energy.

Executives

Michael E Jesanis	director	C/O NISOURCE INC., 801 E. 86TH AVENUE, MERRILLVILLE IN 46410
Lloyd M Yates	director	1N 2ND ST, HARTSVILLE SC 29550
Melody Birmingham	officer: EVP & Chief Innovation Officer	550 S. TRYON STREET, CHARLOTTE NC 28202
Donald Eugene Brown	officer: Executive Vice President	801 E. 86TH AVENUE, MERRILLVILLE IN 46410
William Jr. Jefferson	officer: EVP Operations & CSO	801 E. 86TH AVENUE, MERRILLVILLE IN 46410
Kimberly S Cuccia	officer: VP, Interim GC & Corp Sec	801 E. 86TH AVENUE, MERRILLVILLE IN 46410
Michael Luhrs	officer: EVP, Strategy & Risk & CCO	P.O. BOX 14720, MADISON WI 53708-0720
Melanie B. Berman	officer: SVP & CHRO	801 E. 86TH AVENUE, MERRILLVILLE IN 46410
William D Johnson	director	77 BEALE ST, PO BOX 770000, SAN FRANCISCO CA 94177
Cassandra S. Lee	director	7615 ZIONSVILLE RD, INDIANAPOLIS IN 46268
Sondra L Barbour	director	6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Eric L Butler	director	1400 DOUGLAS STREET, STOP 1210, OMAHA NE 68179
Daniel A Creekmur	officer: SVP & President, Gas Utilities	801 E. 86TH AVENUE, MERRILLVILLE IN 46410
Michael Hooper	officer: SVP and President, NIPSCO	801 E. 86TH AVENUE, MERRILLVILLE IN 46410
Pablo Vegas	officer: EVP & President Columbia Gas	801 E. 86TH AVENUE, MERRILLVILLE IN 46410